Cost to Complete Sample Clauses

The 'Cost to Complete' clause defines the method for determining the remaining expenses required to finish a project or contract. Typically, this clause outlines how the parties will calculate outstanding costs, which may include labor, materials, and other resources necessary to bring the work to completion. It is often used when assessing progress payments, evaluating contractor performance, or in the event of contract termination. The core function of this clause is to provide a clear and agreed-upon process for estimating and allocating the financial resources needed to complete the work, thereby reducing disputes and ensuring transparency in project management.
Cost to Complete. Test on any date will be satisfied where the aggregate of undrawn commitments under this Agreement, and all other committed sources of funding available to the Recipient (including any Contributions) exceeds the Cost to Complete;
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Cost to Complete. Lender shall have determined in the ---------------- exercise of its sole discretion that the Project can be built for not more than the amount specified therefore in the Project Budget.
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Cost to Complete. 35 Section 4.23
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Cost to Complete. 7.1 The Borrower has delivered a Cost to Complete Certificate to the Facility Agent and the Technical Agent with the relevant Utilisation Request, certifying (A) that no Cost to Complete Shortfall exists, has occurred, or is likely to occur, and (B) that Project Completion is expected to occur by the Projected Completion Date, which Cost to Complete Certificate shall set out all relevant calculations in a sufficient level of detail in order for the Independent Technical Consultant to verify such confirmation and shall be countersigned by the Independent Technical Consultant confirming that no Cost to Complete Shortfall exists.
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Cost to Complete. The reasonably estimated costs of completing the Project Implementation Work and achieving Milestone Substantial Completion by the Scheduled Milestone Substantial Completion Dates and Project Final Completion in accordance with the Contract Standards and the cost elements set forth in Appendix 2 (Preliminary Services). Considerations of risk shall be taken into account separately, pursuant to item (2) below. Such costs shall be the basis of the items constituting the Schedule of Values.
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Cost to Complete. The Borrower shall have delivered to the Administrative Agent a copy of the most recent Cost to Complete Certificate approved pursuant to Section 6.01(b), provided that such Cost to Complete Certificate shall have been so approved within sixty (60) days immediately preceding the Requested Disbursement Date.
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Cost to Complete a certificate from a director of the Borrower confirming: (i) details of the capital cost budget and construction schedule for the Project in a form satisfactory to the Agent; (ii) evidence satisfactory to the Agent that all sources of funds (other than the Tranche A Amount and Tranche B Amount and Tranche C Amount) described in the assumptions worksheet detailed in the cash flow model in the Base Case have been expended or are available to be expended for the uses described in such worksheet (including proceeds of US$1,000,000 from the rig sale); and (iii) details of expenditure already incurred for the Project.
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Cost to Complete. If, at any time, a Project Borrower determines there is a Funding Shortfall with respect its Project, the Borrowers shall within thirty (30) days of such determination, obtain additional capital, subordinated debt or other sources of financing permitted under this Commitment Agreement so that there is no Funding Shortfall.
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Cost to Complete 
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Related to Cost to Complete

  • Failure to Complete If Artist becomes ill, dies, or is otherwise unable or unwilling to complete the Project in accordance with the Agreement, any work already done on the Project will be the City’s property. The City will be entitled to withhold any sums not yet paid to Artist, and may use any such sums toward completion of the Project in any manner the City deems appropriate.

  • Provide Data In Compliance With Laws LEA shall provide data for the purposes of the DPA in compliance with the FERPA, PPRA, IDEA, 603 C.M.R. 23.00, 603 CMR 28.00, and Massachusetts General Law, Chapter 71, Sections 34D to 34H, and the other privacy statutes quoted in this DPA. LEA shall ensure that its annual notice under FERPA includes vendors, such as the Provider, as “School Officials.”

  • Conditions to Each Party’s Obligation to Effect the Closing The respective obligation of each party to effect the Closing shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions:

  • Condition to Company Action The Company will not take any action that consummates or finalizes a Change in Control unless (i) at least 15 Business Days prior to such action it shall have given to each holder of Notes written notice containing and constituting an offer to prepay Notes as described in subparagraph (c) of this Section 8.7, accompanied by the certificate described in subparagraph (g) of this Section 8.7, and (ii) contemporaneously with such action, it prepays all Notes required to be prepaid in accordance with this Section 8.7.

  • True and Complete Disclosure (a) All written factual information delivered by or on behalf of the Borrower or any of its Subsidiaries to the Administrative Agent and the Lenders (other than the Projections, pro forma financial information, estimates, forecasts and other forward looking information and information of a general economic nature or general industry nature) (the “Information”) concerning the Borrower, the Restricted Subsidiaries, the Transactions and any other transactions contemplated hereby prepared by or on behalf of the foregoing or their representatives and made available to any Lenders or the Administrative Agent in connection with the Transactions or the other transactions contemplated hereby and the negotiation of the Credit Documents (as modified or supplemented by other information so furnished), when taken as a whole, was true and correct in all material respects, as of the date when made and did not, taken as a whole, contain any untrue statement of a material fact as of the date when made or omit to state a material fact necessary in order to make the statements contained therein, taken as a whole, not materially misleading in light of the circumstances under which such statements were made. (b) The Projections (i) have been prepared in good faith based upon assumptions believed by the Borrower to be reasonable as of the date made (it being understood that such Projections are as to future events and are not to be viewed as facts, the projections are subject to significant uncertainties and contingencies, many of which are beyond the control of the Borrower and the Subsidiaries, that no assurance can be given that any particular projections will be realized and that actual results during the period or periods covered by any such projections may differ from the projected results and such differences may be material) and (ii) as of the Closing Date, have not been modified in any material respect by the Borrower. (c) As of the Closing Date, neither the Borrower nor any Restricted Subsidiary has any material Indebtedness, any material guarantee obligations, contingent liabilities, off balance sheet liabilities, partnership liabilities for taxes or unusual forward or long-term commitments that, in each case, have not been disclosed in writing to the Administrative Agent. (d) As of the Closing Date, to the knowledge of the Borrower, the information included in the Beneficial Ownership Certification delivered, on or prior to the Closing Date, to any Lender in connection with this Agreement is true and correct in all respects.